LA/LB ports eye record throughput, but there are 'signals of strain'
The main US port complex of Los Angeles and Long Beach is on target for ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
NFI-owned Cal Cartage’s facility at the port of Los Angeles is set to close after five decades, following scrutiny over employment practices. The decision by the California port has received widespread praise from both the Teamsters union and a city councilman. Furthermore, it appears the port is already in negotiations with Australia’s Toll Global Forwarding over a lease for the site in Wilmington. In September, LA’s city council voted to review Cal Cartage’s permit as part of a campaign to pressure trucking and warehouse companies into classifying drivers as employees, rather than independent contractors.
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